Despite recent job growth, U.S. consumers are behaving cautiously. Spending was down 0.3 percent in June, the weakest showing since February when cold weather throughout much of the country put a damper on spending, the Commerce Department said Tuesday. The June drop followed a one percent increase in May, although …
Read More »Health club up for sale
LA Fitness in Lake Elsinore is up for sale. The facility, at 18550 Dexter Ave., opened in 2008 and is available for $13.9 million, according to CBRE Group Inc., which is marketing the property. The club, which is next to Interstate 15, covers more than 45,000 square feet and sits …
Read More »Traditional stores still lead back-to-school shopping
The Internet is apparently putting a slight dent in back-to-school shopping. About 85 percent of all back-to-school purchase are expected to happen at brick-and-mortar stores, according to a recent survey of 1,000 consumers by the International Council of Shopping Centers. Seventeen percent of those surveyed said they plan to buy …
Read More »Inland aviation company makes the most out of failed government program
Threshold Aviation Group in Chino would have provided the aircraft used to investigate High Ice Water Content (HIWC), a natural phenomenon and major contributor of the 2009 Air France crash that killed 228 people. Then the federal government pulled its funding. Last week, the cockpit from a 14-seat Gulfstream jet was loaded onto a truck at …
Read More »SB office building is back on the market
A local commercial real estate brokerage has been hired to market a long-vacant office building in San Bernardino. The two-story building in the SBD Corporate Center is owned by the Inland Valley Development Agency and was last used by the U.S. Defense Department as an accounting office, said Rick Lazar, …
Read More »Commercial project on the market
A mixed-use office and commercial project in Upland is up for sale. Stewart Plaza, a nine-acre development on North Mountain Avenue, is available for $24.5 million, according to CBRE Group Inc. The property, at North Mountain Avenue and Arrow Highway, consists of seven buildings on nearly 123,000 square feet of …
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